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remarkable. i read sometimes left-wing authors who think america's foreign policies this steaming economic thing to grab every spare penny anywhere to be found in the world. that's implemented by certain aspects of our policy at the state department and the diplomats generally are quite insistent on this vote they assume america has the strongest economy in the world and always will have the u.s. does need to maintain serious commercial services the way foreign countries do that promote or exports abroad. they sort of do but there is no comparison to other nations which view protecting their export interest as a key goal of their diplomats abroad so yeah you're basically right on that. >> hi. it's nice to see you. my question is concerning foreign american investments. so in her book -- claimed that between 1988 to 2008 the u.s. government took nearly 2000 proposal applications for business in the united states so as you know the government can give more tax revenue so do you support full investment and what do you think about it? thank you very much. appreciate it. >> okay. the standing i
pillar of our 21st century foreign policy. there's no disagreement about that in my country. the parliament passed last year anonymously a policy resolution which defined the icelandic objective in the arctic. so together with the other nordic countries we hope to play a constructive part and evidence of this was that few months ago one of our april servant was the first director general of the secretary of the arctic. >> several currency questions. the icelandic money is coming out of financial turmoil. what would you consider the future of the money? and are you considering any alternative currency for iceland ? >> i think it's a positive indication of how we have all dealt with the financial crisis. i can comment on the national press club only six minutes are left and i get that question. [laughter] of the financial issues. nobody would believe that for a five years ago. without in state of affairs we could perhaps come together again and talk about how we're the financial crisis and how we dealt with a crisis in a different way from many other countries. how we did not
overall policy of how is the foreign affairs budget, the state department budget would be prioritize in the entire region as opposed to just focusing on one country since they seem to be working together ever before? >> well, thank you very much, congressman meeks. i am very, very hopeful. i am planning a trip shortly to both colombia and brazil and other countries hopefully as time permits. we've had some issues, obviously, with argentina over some debt issues, repayment, so forth, which we need to work through. but, look, western hemisphere is our back yard. it's critical to us. too often countries in the western hemisphere think that the united states doesn't pay enough attention to them and on occasion it's probably been true. i think we need to reach out vigorously. we plan to. the president will be traveling to mexico very shortly. other -- i can't many countries. he will be going. i will be going, other high-level visits. we'll try to do everything possible to try to change the attitude of a number of nations where we've had obviously sort of a breach in the relationship ove
right or wrong, you'll never get in trouble. if you want to be critical of foreign policy because you belief, as a citizen -- remember, we have a thing called the constitution. all men are created equal. everybody, at least from the beginning, white, male, 2 1, with property, could vote. since then we've expanded -- well, i'm not being sarcastic because in terms of the world to have any white male who was sovereign, that we were sovereign. the american revolution declared the people sovereign rather than a king or queen. you couldn't have a king or queen taking your land away because they had finch it to you through sovereign rights. so if every citizen has a right to say what they should or should not do in our government, we would think we could respect that, and yet at the very beginning of the iraq war, when susan sarandon and tim robbins spoke out against the war, they had their invitation to talk to the baseball hall of fame withdrawn. and right after that i had a crew from fox news come to my house to interview me, because i don't go to the studios anymore. they want me? they
think for the foreign exchange market, it's more a question of policy action. and now, because we're in this limbo, that leaves sterling a little bit of limbo. >> meanwhile, the treasury there is targeting sales of 4 to 5 billion sales in six-month and is 1-month t bills. yes, same with italian yields, as well, michael. are we now at the low point in the cycle for spanish and italian yields? who is going to drive them lower from here and why would you? >> i think the market has seen a lot of liquidity expansion. first from the fed and then lastly from the bank of japan. and combined with the renewed commitment from the ecb to protect the euro, this has depressed yields to these kind of levels. i think it's difficult to see us going dramatically further. and if anything, strategically, we think that the three major problems in europe, the recession, inconsistent crisis management and rising political and social backlash against austerity are likely to come through and that leaves spain and italy very vulnerable to a sharp increase in yields. we're looking, for example, for 10-year
Search Results 0 to 4 of about 5